Category Archives: Economics

I will end this survey of the main contributions to the economics of scientific knowledge (ESK) by discussing the works which attempt to offer a more or less systematic conception of the process of scientific discovery; in this entry, I […]

The relative wage of high-skilled to low-skilled workers began to increase in US manufacturing industries in the late 1980s, and this phenomenon was also observed in Mexico. At the same time, the US–Mexican trade as a percentage of US GDP […]

Authors: José Carlos R. Alcantud and Annick Laruelle
José Carlos R. Alcantud is a professor of Economics at the department of economics and economic history and a member of the multidisciplinary business institute (IME) of the University of Salamanca
Annick […]

It is estimated that at least 860 million people live in slums, a number that has been growing by six million a year from 2000 to 2010 (UN-Habitat 2012) . The study of slums worldwide is a very complex problem. […]

Israeli nurseries are particularly famous amongst economists (at least, amongst experimental economists). An already classical study shown that, following a ‘natural experiment’ in which some day-care centers opted for issuing a fine to parents for late children’s pickups, while other […]

This article summarizes a review of the literature presented in Sacerdote (2011) . I thank Ricardo Mora for bringing it to my attention.
The simplest model of behavioral genetics assumes that child outcomes (Y) are produced by a […]

The first known application of modern economic techniques to solving epistemic problems in science was very explicit in describing the value of a scientific theory as the difference between ‘costs’ and ‘benefits’. I’m referring to Charles Sanders Peirce’s ‘Note of […]

Competitive markets are efficient under a number of conditions. One is that the consumption or production of the commodity to be traded must not cause externalities. For instance, consider a group of firms polluting the atmosphere or the waters of […]

Originally, intellectual property legislation was created on the assumption that the profits derived from the monopoly of the patented inventions would encourage innovation and thus promote economic growth. This is one of many hypotheses that the vast majority of economists […]

Tax data are an important source of information for a wide range of statistical series. Their use, however, has been mainly confined to the analysis of the impact of fiscal policies on different socio-economic groups. Nevertheless, a recent group of […]